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I currently have 100/100 mbps internet speed with Home Phone service from Verizon FiOS. The router that they give me for free (no rental fees) has really bad signal and some of the ethernet ports aren't working. I don't want to pay for another router, which costs more than $100. Is there a way I can use a third-party router like ASUS.

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Oh. That’s a MoCA connection (don’t worry about it, other than knowing that you can’t use any DOCSIS modem or router with it). Call Verizon and tell them you want you ONT’s router connection changed to ethernet. The ONT supports both, it has to be changed over which they can do remotely. But to get an ethernet cable from the ONT to your router you need to run it yourself, hire an electrician, or pay Verizon to do it for you.

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Oh. That’s a MoCA connection﻿﻿ (don’t worry about it, other than knowing that you can’t use any DOCSIS modem or router with it). Call Verizon and tell them you want you ONT’s router connection changed to ethernet. The ONT supports﻿ both,﻿﻿ it has to be changed over which they can do remotely. But to get an ethernet cable from the ONT to your router you need to run it yourself, hire an electrician, or pay Verizon﻿ to do it for ﻿you.

So, basically you're saying is that all I have to do is to hit up Verizon, tell them to change the internet connection from MoCA to Ethernet. Plug in a Ethernet Cable to the ONT, plug the other end of the Ethernet cable to the third party router and that's it? I can get Ethernet to my third party router that easy? And also to clarify, my phone service won't be affected right?

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So, basically you're saying is that all I have to do is to hit up Verizon, tell them to change the internet connection from MoCA to Ethernet. Plug in a Ethernet Cable to the ONT, plug the other end of the Ethernet cable to the third party router and that's it? I can get Ethernet to my third party router that easy? And also to clarify, my phone service won't be affected right?

That is correct on both counts. But since the ONT is outdoors, the hard part is getting the ethernet line run in a nice fashion.